Oscar Residences
500 Dupont Street, Toronto
Your rent at Oscar Residences is not capped. The building's first tenants moved in Jun 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
The building
The building
Oscar Residences is a nine-storey condominium by Lifetime Developments, with 155 suites in Toronto's west-midtown area near Dupont and Bathurst.
Amenities
Amenities
This stretch of the city mixes residential streets with neighbourhood retail and green space. Vermont Square Park is about a four-minute walk, with Jean Sibelius Square nearby, and Hillcrest Community School is close at hand for families. The surrounding area, near the established Annex and Seaton Village neighbourhoods, carries a settled, low-key urban feel.
Rent control
Your rent here is not capped
Your rent at Oscar Residences is not capped. The building's first tenants moved in Jun 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.
Getting around
Getting around
Transit options are close by. Dupont station is roughly a nine-minute walk on the Yonge-University subway line, and Bathurst station, on the Bloor-Danforth line, is about a two-minute drive. The area is also served by TTC streetcar routes along Bathurst, and the central location keeps most of the city within an easy ride.
Who built it
Lifetime Developments
Lifetime Developments is a Toronto-based builder with a portfolio of condominium and mixed-use projects across the city. Its experience with urban infill buildings fits this mid-rise project in an established central neighbourhood.
Questions
Questions
- Can my rent at Oscar Residences go up by any amount?
- Your rent at Oscar Residences is not capped. The building's first tenants moved in Jun 2024, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
- When did the first tenants move into Oscar Residences?
- The builder's first move-in date for Oscar Residences is Jun 2024. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.
- Who built Oscar Residences?
- Lifetime Developments built Oscar Residences at 500 Dupont Street, Toronto.
- Can I find a unit at Oscar Residences on this site?
- Nothing is listed at Oscar Residences right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
- Who is the builder of Oscar Residences?
- Oscar Residences is developed by Lifetime Developments, a Toronto-based builder active across the Greater Toronto Area. The project is a nine-storey condominium at 500 Dupont Street in Old Toronto.
- Where is Oscar Residences located?
- The building is at 500 Dupont Street in Old Toronto, in a central pocket near the Annex and below Casa Loma. Dupont and Bathurst subway stations are both within walking distance.
- How many units and storeys does Oscar Residences have?
- The condominium rises nine storeys and contains 155 suites. Home sizes range from roughly 350 to 975 square feet.
Toronto
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